For Lease · Retail

510 SPEERS Road Unit# 1, Oakville

510 SPEERS Road Unit# 1, Oakville, ON L6K2G3

$26 per sq ft / yr

5,188 SF

Asset Class

Retail

Size

5,188 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

$0

Occupancy

99%

Lot Size

0.69 ac

About this property

Location, Location, Location! Fantastic exposure on Speers Road in Oakville, situated along one of the area's highest daily traffic-count corridors. This exceptionally clean 5,188 sq. ft. commercial unit offers excellent visibility, ample parking and convenient access to major highways, just minutes away. Featuring an automatic 11'4 x 10' drive-in door, approximately 16'2 clearance under joists, and 18'7 to the roof deck, providing excellent flexibility for a variety of operations. E4 Zoning (Business Commercial) accommodates a wide range of permitted uses. A highly functional space in a prime Oakville location, offering outstanding exposure and accessibility. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$26
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$1

Cash-on-cash

6.47%

DSCR

1.35

Going-in cap

7.48%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics5,110 SF2032-08

Area demographics

Trade area within 3 miles of the property.

Population

54,875

Households

23,363

Median income

$94,500

Median age

43.5

Daytime population

87,185

5-yr growth

4.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 510 SPEERS Road Unit# 1, Oakville.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.